It’s important to remember that even if your employer offers some form of paid time off (PTO) that you used to cover your recovery time, you can still pursue compensation for lost wages. That vacation time has value, and you were unable to use it for other purposes because you were injured.
Complexities that can occur in lost income compensation
If your employer offers certain benefits such as short-term or long-term disability insurance that pays for some of your lost wages, and you are compensated in a car accident settlement or verdict for the same lost time, then depending on the applicable laws, the disability insurance company may ask to be reimbursed (subrogation). The same applies if you were hurt while driving for work and filed a workers’ compensation claim. An attorney can help navigate this situation and maximize the amount of your settlement that actually goes to you.
It's also important to remember that while compensation for a car accident is usually tax-exempt, compensation for lost income is an exception. If you would’ve been taxed on that income had you earned it, then you can likely also be taxed on your compensation. Again, an attorney can help you navigate this situation and advocate for your interests.
How a car accident attorney can help
If you're injured and missing work after a car accident, it's important to know your legal rights and options. An attorney can work with you to protect your job and your financial stability. They may be able to negotiate with your employer in addition to the insurance company to make sure your rights are protected at every stage of recovery.
If you're missing work after a car accident, don't hesitate to schedule a consultation with an experienced car accident attorney. They can help you understand your options and develop a plan to protect your rights. Contact a car accident attorney in your area today.